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Bicycle Accessories Market to Register High Revenue Growth at 7% CAGR During 2019-2029

Persistence Market Research has published a report on the bicycle accessories market. The report, titled, 'Bicycle Accessories Market: Global Industry Analysis 2014–2018 and Forecast 2019–2029', covers the latest trends, key success factors, key information, market influencing factors, and macroeconomics factors, along with the historical market scenario. PMR has conducted a deep-dive research on the bicycle accessories market. The bicycle accessories market report estimates that the helmets & bottle cages segments are expected to create significant growth opportunities in the global bicycle accessories market , in terms of both, volume and value, during the forecast period. The value of the global bicycle accessories market was around US$ 13 Bn in 2018. The bicycle accessories market is projected to grow at a substantial CAGR of around 7.0% during the forecast period. Request For Report Sample@ https://www.persistencemarketresearch.com/samples/23362 Rising

Bicycle Accessories Market Expansion Projected to Gain an Uptick During 2028

Market Overview The growth of the bicycle industry, owing to heavy traffic and congestion, has led to the higher adoption of bicycle accessories, such as helmets, apparels, begs and bicycle electronics, which ensure safety and enhance riding experience. Bicycle accessories are expected to emerge as important components in the growing bicycle industries. More recently, bicycle accessories have been witnessing a surge in demand owing to growth in the bicycle industry and easy availability of products. Increase in the number of bicycle racing events and bicycle riding organizations has unfolded new opportunities for the growth of the bicycle accessories market . Bicycle manufacturers involved in the supply of accessories are observed to be focusing on promoting their merchandise by sponsoring events and providing custom products for different bicycle models. The prevalence of this trend is expected to remain strong across major bicycle markets. Request For Report Sampl